Navigation Links
Augmented Reality & Virtual Reality Market is Growing at a CAGR of 15.18% & will Reach 1.06 Billion by 2018 - New Report by MarketsandMarkets
Date:7/30/2013

(PRWEB) July 30, 2013

According to a new market research report "Augmented Reality & Virtual Reality Market - By Technology (Mobile & Spatial AR, Semi & Fully Immersive VR); By Sensors & Components (Accelerometer, Data Glove, HMD, ICs); By Applications (Medical, Military, Gaming), By Geography (2013 - 2018)" is expected to grow at a CAGR of 15.18% from 2013 to 2018 and reach 1.06 billion in 2018. The data mentioned is for dedicated augmented reality and immersive virtual reality systems only. A separate analysis for mobile based AR and non immersive VR was done.

Browse:

  • 86 Market Data Tables
  • 39 Figures
  • 254 Pages and In-Depth Table of Content “Augmented Reality Market and Virtual Reality Market”

http://www.marketsandmarkets.com/Market-Reports/augmented-reality-virtual-reality-market-1185.html

Early buyers will receive 10% customization on this report.

Augmented reality is a thriving technology where digital data merges with the real world. This technology superimposes the real world with computer generated data that completely changes the user experience. It changes what we hear, feel and see. The augmented reality technology uses virtual reality to amend with the real world.

The augmented reality technology has shown ubiquitous growth in mobile phone technology featured with a camera and a GPS (Global Positioning System), which allow the users to experience the technology beyond their anticipation. By 2015, the augmented reality technology will be widely used in the education field for advanced learning and for teaching technologies.

The overall augmented reality and virtual reality market is segmented into four major segments, namely: AR & VR components and sensors, AR & VR technology, AR & VR application, and geography. All the major segments are further segmented into sub segments. All the segments and sub segments are separately described in the report.

The global dedicated devices augmented reality market is expected to reach $659.98 million by 2018, whereas the immersive virtual reality market is expected to reach $407.51 million by 2018. The mobile based augmented reality and non-immersive virtual reality market analysis is done separately to maintain the mutual exclusiveness of data sets.

The major driving force of augmented reality technology and virtual reality is the advancement in computer technology and internet connectivity. The increased demand in virtual reality and augmented reality application in the healthcare industry is a direct cause for a tremendous growth in the AR & VR markets. The other driving force for virtual reality and augmented reality technology is the consumer demand in the m-commerce industry.

The technology used in augmented reality applications, i.e. marker-less, is at the apex and is expected to grow rapidly. The major driving factor in this marker-less is the use of GPS and compasses, which are used commonly in smart phones. The technology used in virtual reality application, sensors used, the emerging trends like goggles, contact lenses, and further opportunities are described in detail in the report.

The geographical split for every application is included in the report as the market share of different applications of augmented reality and virtual reality market varies from one region to another. This report describes the overall market into four major geographical segments, namely, North America, Europe, APAC, and ROW. North America and Europe are the market leaders in the overall augmented and virtual reality market, followed by APAC. In ROW, the Middle East and Africa are coming up with this technology because of its benefits in wide range of applications.

The major companies included that offer AR & VR technology in various applications are:

  • Total immersion (France)
  • Qualcomm Inc (U.S.)
  • Metaio GmBH (Germany)
  • Vuzix Corporation (U.S.)
  • Layar B.V (The Netherlands)
  • Wikitude GmBH (Austria) and so on.

Buy a copy of this report @: http://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=1185

Download a Free Brochure @: http://www.marketsandmarkets.com/pdfdownload.asp?id=1185

Find related Reports to the Semiconductor and Electronics Market @ - http://www.marketsandmarkets.com/semiconductorand-electonics-market-research-87.html

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

Contact:
Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-6006-441
Email: sales (at) marketsandmarkets (dot) com
Connect with us on LinkedIn
Connect with us on Facebook

Read the full story at http://www.prweb.com/releases/augmented-reality-virtual/reality-market/prweb10973270.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. EliNext Completes Development of a Series of Virtual Reality Interactive 5D Simulation Games on Unity 3D
2. New stroke treatments becoming a reality
3. Virtual reality simulator helps teach surgery for brain cancer, reports Neurosurgery
4. Womens body talk: Perception stronger than reality?
5. Virtual reality could help people lose weight, fight prejudice
6. Kessler Foundations Dr. Chiaravalloti to speak at Virtual Reality Symposium at Walter Reed
7. Virtual reality and robotics in neurosurgery -- promise and challenges
8. Fans of Reality Beauty Shows Twice as Likely to Tan: Study
9. Leftback Publishing Touts Book that Puts Reality in Perspective for Soccer Parent and Players
10. Hearing-loss-prevention drugs closer to reality thanks to new UF test
11. Introducing more patient reality into NHS spending decisions
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/5/2016)... San Rafael, CA (PRWEB) , ... February 05, 2016 , ... ... partnership with ChildLight Yoga Studio in Dover, NH to direct high-performance kids yoga training. ... on New Hampshire’s seacoast, just one hour from Boston. , ChildLight Yoga Studio founder ...
(Date:2/5/2016)... New York, New York (PRWEB) , ... February 05, 2016 , ... ... in gym use and find themselves having to wait longer to access the treadmills. ... on their New Year’s resolutions to lose weight and get in shape by joining ...
(Date:2/5/2016)... ... February 05, 2016 , ... Pivot Point Consulting, a leading ... Software & Services for HIT Implementation Support & Staffing report with an outstanding ... performance by healthcare executives, managers and clinicians representing over 4,500 hospitals and 2,500 ...
(Date:2/5/2016)... ... 2016 , ... Stuart Bentkover, MD, FACS is thrilled to announce ... most effective tattoo removal today, Dr. Bentkover is the only doctor in Central Massachusetts ... PicoSure has been approved by the Food and Drug Administration (FDA) as a safe ...
(Date:2/5/2016)... ... 05, 2016 , ... In sleep, when the defenses of the day are ... of patients with eating disorders is significant self-criticism, and consequently these patients experience this ... regarded as maladaptive means for coping with this unease, but also leads to a ...
Breaking Medicine News(10 mins):
(Date:2/5/2016)... Ala. , Feb. 5, 2016  Patients in ... high intensity focused ultrasound (HIFU) therapy no longer have to ... to announce its partnership with Urology Centers of Alabama ... the newly FDA-cleared procedure for qualifying patients. ... their expertise in the treatment of prostate cancer using many ...
(Date:2/5/2016)... --> --> ... the global active pharmaceuticals ingredients (APIs) market stood at ... US$185.9 bn by 2020. It is expected to expand ... The title of the report is "Active Pharmaceutical Ingredients ... by Therapeutic Area) - Global Industry Analysis, Size, Share, ...
(Date:2/5/2016)... HARROGATE, England , February 5, 2016 ... --> Today, VoicePower Ltd - The Speech Recognition People, ... has been deployed to improve patient care, reduce turnaround times and ... ,- Wirral CCG ,- VoicePower client since 2013 Challenge: ... Challenge: --> - Six doctors ,- Wirral ...
Breaking Medicine Technology: